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Solar Shading Systems Market to Reach $21.34 Bn, Globally, by 2027 at 3.9% CAGR


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PORTLAND, Ore., April 19, 2021 /PRNewswire/ Allied Market Research published a report, titled,
Solar Shading Systems Market by Product Type (Blinds, Shades, Louvers, and Textiles), Geometry (Horizontal, Vertical, and Egg-Crate), Mechanism (Fixed, Manual, and Motorized), and Material (Metal, Glass, Wood, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global solar shading systems industry generated $17.55 billion in 2019, and is expected to garner $21.34 billion by 2027, witnessing a CAGR of 3.9% from 2020 to 2027.
Drivers, restraints, and opportunities
Rise in spending on home remodeling and retrofitting activities, expansion of living space and protection from sun, and requirement for beautification of the building drive the growth of the global solar shading systems market. However, unreliability about harsh weather conditions, expensive nature of pricing and installation of motoriz ....

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EXTERIOR SHADING SYSTEMS MARKET 2020 GROWTH STATISTICS, DEVELOPMENT STATUS AND FUNCTIONAL SURVEY BY 2025 | SKYCO SHADING SYSTEMS, SOLINEAR, INSOLROLL, INSYNC SOLAR, SWFCONTRACT – BIZNEWS